Decouverte d'elements du groupe du platine et de nickel a haute teneur elargit le potentiel en mineraux critiques du projet Manicouagan

Executive Summary

• The wholly‑owned subsidiary Métallurgie St‑Georges recorded its first revenues in October 2025 from processing a multi‑tonne geothermal concentrate shipment sourced from Iceland, with additional revenue expected before year‑end and further growth anticipated in 2026.
• Surface exploration on the Manicouagan project identified a new “South‑East Zone” ~6.5 km east of the known Bob corridor, yielding high‑grade nickel‑copper‑cobalt‑platinum‑group element (EGP) intercepts (up to 2.28 % Ni, 0.37 % Cu, 0.17 % Co, 0.81 g/t Pd + 0.55 g/t Pt).
• Strong multi‑element correlations (r = 0.83–0.95) between Ni, Co, Fe and EGP suggest a common magmatic‑sulphide origin; the company will seek drilling authorization to test depth extensions of both the historic Bob zone and the new South‑East target.

Key Details

• First Revenue:
• Generated in October 2025 by Métallurgie St‑Georges.
• Primarily from processing a multi‑tonne geothermal concentrate shipment from Iceland.

• Additional revenue expected before fiscal year end; further revenue streams planned for 2026.

• Surface Exploration – Manicouagan (Fall 2025):

• New “South‑East Zone” identified ~6.5 km east of the Bob corridor.

• Two selected surface samples returned:

  • Up to 2.28 % Ni, 0.37 % Cu, 0.17 % Co, 0.81 g/t Pd, 0.55 g/t Pt.
  • High Fe₃O₄ (>70 %) and rich magnetite lenses with elevated EGP.

• Sediment Sampling (East of Project):

• One stream‑sediment sample showed 0.013 g/t Pt (Pd below detection).

• Indicates possible distal EGP dispersion plume.

• Geophysical Correlation:

• Multi‑element analysis shows strong positive correlation (r = 0.83–0.95) among Ni, Co, Fe, and EGP.

• Helikopter magnetic survey (2022‑2023) and interpretation (Mar 2023) refined the geological model, revealing a >5 km × 2 km structural corridor centered on Bob.

• Historic Bob Corridor Intercepts:

• Drill intersections: up to 3.2 % Ni, 0.4 % Cu, 0.2 % Co, 9 g/t EGP (Pt+Pd+Rh+Ru).
• Continuous low‑grade mineralization: e.g., 91.3 m at 0.24 % Ni, 0.25 % Cu, 0.01 % Co.

• Bulk surface sample average: 2.6 % Ni, 1.7 % Cu, 0.10 % Co, 12 g/t EGP (Pt‑Pd‑Rh‑Ru‑Ps‑Ir).

• Planned Next Steps (2026):

• High‑resolution ground magnetic and EM survey.
• Mechanized trenching and channel sampling in the new South‑East Zone.
• Update 3‑D geological model.

• Prepare a 2026 drilling program targeting depth extensions of both Bob and South‑East zones.

• Quality Assurance:

• Samples collected by experienced field teams under qualified geologist supervision.
• Analyses performed at IGS Laboratories (ISO/CEI 17025 certified) using acid digestion + ICP‑OES for base metals and pyrolysis + ICP‑OES for PGE.
• Technical information reviewed and approved by independent Qualified Person, George Yordanov (NI 43‑101).

Notable Quotes

• “The surface campaign confirmed mineralization comparable to that observed on other targets within the project… The results are very encouraging despite being derived from selected samples.” – Herb Duerr, President & CEO, Eco‑Minière St‑Georges.